Regulation

Tesco is awaiting regulatory approval to launch an online annuity comparison service, though it does not plan to launch own-brand annuity products.

The blame for the erosion of trust in financial services must be laid at the feet of everyone involved in the sector, the Financial Conduct Authority's (FCA's) director of supervision has said.

It will come as little surprise to readers of IFAonline.co.uk that most of your peers believe Hector Sants, the former chief executive of the Financial Services Authority (FSA) and now the highly-paid head of compliance at Barclays Bank, was misguided...

The Financial Conduct Authority (FCA) has banned Kevin Wells, the managing director of Montpelier Pension Administration Services, from performing any significant influence function at any regulated firm, and also censured him.

Advisers setting up group personal pensions (GPPs) must add VAT to the charges they levy on employers, HM Revenue and Customs (HMRC) has confirmed.

The Financial Conduct Authority (FCA) has set out the steps it will put into action in the event of a regulatory failure.

LOOKY-LIKEYS

A NEW CHAPTER

STATUS QUO

The Advertising Standards Authority (ASA) has banned a lead generation company from sending unsolicited text messages offering pension liberation to consumers.